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Oct 2, 2012
10/12
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the regional government could sorely use the tax revenue the gold mine would generate. the socialist-led government does not want to talk about the controversial project on camera. if the conservatives had their way, the mine would already be open and creating jobs. >> we thought gold mining was history here. but in recent years, it is once again -- it has once again become an option. it is not an easy option. but one that is full of opportunity. >> gold is already being mined in the mountains. hear, excavations have left large craters and altered the entire landscape. >> there was once a deep valley. there was not much forest. it was mainly meadow. there were windmills' by the river, and over there was a little village. >> the mine has already created jobs here, and not just for minors. antonio gomez mendez works in the minds but also runs a bar on the side. so far, gold has brought him up -- brought him luck. >> without the mine, who would i sell beer to? no one. the place would be empty. the mine is good for the bar, the for everyone. >> for some, gold mining = econo
the regional government could sorely use the tax revenue the gold mine would generate. the socialist-led government does not want to talk about the controversial project on camera. if the conservatives had their way, the mine would already be open and creating jobs. >> we thought gold mining was history here. but in recent years, it is once again -- it has once again become an option. it is not an easy option. but one that is full of opportunity. >> gold is already being mined in...
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Oct 7, 2012
10/12
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FOXNEWS
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my tax plan. number 2, i will not reduce the share of high-paid income individuals. i know it's a popular thing to say with a lot of people, but it is just not the case. vifive boys. i am used to people saying something that is not always true and keep repeating it and hoping i will believe it. but that is not the case. all right? i will not reduce the taxes paid by high-income americans. number 3, i will not under any circumstances raise taxes on middle-income families. i will lower taxes on middle-income families. you cite a study. six other studies look at the study you describe and say it's wrong. i saw a study that said today you are going to raise taxes $3- to $4,000 on middle-income families. throw the studies out there. the bottom line is, i want to bring the rates down, at the same time, lower deductions and exemptions and credits and so forth so we keep getting the revenue we need. you thinks, why lower the rates? and the reason is because small business pays that individualerate. 54% of
my tax plan. number 2, i will not reduce the share of high-paid income individuals. i know it's a popular thing to say with a lot of people, but it is just not the case. vifive boys. i am used to people saying something that is not always true and keep repeating it and hoping i will believe it. but that is not the case. all right? i will not reduce the taxes paid by high-income americans. number 3, i will not under any circumstances raise taxes on middle-income families. i will lower taxes on...
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Oct 4, 2012
10/12
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KRCB
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax tadd up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behin bowles-simpson, get the rate down, lower deductions and exemptions to create more jobs because there's nothing better getting us to a balanced budget than having more people working, earning more money, paying more taxes, that's by far the most effective and efficient way to get this budget balanced. >> jim you may want to move on to another topic but i would like to say this to the american people, if you believe we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillio just to give you a sense over 10 years, that's more than our entire defense budget, a
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax tadd up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behin bowles-simpson, get...
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Oct 5, 2012
10/12
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KTVU
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naturally, hotels & taxes are not included in the contest. still to come, traders discuss how the election will affect your investments. that's later in traders unplugged. but first, the surpising truth behind what america's workforce really wants. bill moller has that next. o' rom their employer this'll startle you. a good boss, good pay and benefits? nope. none of that. the country's largest employee survey company, workplace dynamics, spent 5 years doing millions of interviews and exhaustive research on this very question. doug claffey is ceo of workplace dynamics. for a business to succeed and survive and for employees to be happy and enriched, what does the workplace need? > > it's got to be organizationally healthy. > > define that. it sounds like it's just a place where employees are inspired and motivated. > > it's really about a place where employees feel connected to the business. where they're executing well, which is about communication, about getting things done. but it's also about heading all in the same direction with great va
naturally, hotels & taxes are not included in the contest. still to come, traders discuss how the election will affect your investments. that's later in traders unplugged. but first, the surpising truth behind what america's workforce really wants. bill moller has that next. o' rom their employer this'll startle you. a good boss, good pay and benefits? nope. none of that. the country's largest employee survey company, workplace dynamics, spent 5 years doing millions of interviews and...
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>> taxes, taxes big time. the idea of rolling back or pulling back on the bush tax cuts for the top end of the scale impacts small businesses, because, remember, most of those people filed through a sub s. their companies are paid through personal returns. stuart: so if their personal rate of income tax is 35% and the small business makes a profit, that profit is taxed at 35%, so their personal tax. >> right, it flows through the personal tax return. stuart: they don't know whether that rate goes up or stays still or it if romney wins, comes down. >> corrects, correct. stuart: what do you tell them. >> uncertainly is killer in small business. stuart: they come to you for a solution and you don't have a solution. >> i don't. a lot of this is uncertainty. 3200 new regulations from the federal government last year and we're on course now close to over 5,000 this year, that's an unbelievable burden. stuart: okay, i've got obamacare, i've got taxes, uncertainty in both and number three? >> they're just afraid, afra
>> taxes, taxes big time. the idea of rolling back or pulling back on the bush tax cuts for the top end of the scale impacts small businesses, because, remember, most of those people filed through a sub s. their companies are paid through personal returns. stuart: so if their personal rate of income tax is 35% and the small business makes a profit, that profit is taxed at 35%, so their personal tax. >> right, it flows through the personal tax return. stuart: they don't know whether...
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market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be you know reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got the banks at one side demanding their bailouts the people demanding their bailouts and at some point it's all going to give the actually less we are going to get is i can say with you and i think it's really interesting is that you know the people on the ground unemployed people see all the banks bailed out the financial sector bailed out politicians protected i mean i know it's very popular but people say now how about me but bail me out and i know i know that's nonsensical on many ways but i can understand how people feel that way. yeah and again i think that's why at least in spain they've got to take this concept of bankia but make it more they've got to get rid
market economy underground economy that has to get pulled back up as well they've got to be paying taxes so there's got to be you know reformed and whether you want to call it a stereo or not i think someone's got to go through and try and change the system which unfortunately is almost politically impossible right because it's so hard to get the votes to do that so i think we keep this limber lumbering around and you've got the banks at one side demanding their bailouts the people demanding...
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Oct 2, 2012
10/12
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KPIX
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tax experts said today 90% of american families are facing llat they call unprecedented tax increases. how much? wyatt andrews is in washington tonight. intt? >> reporter: scott, according to the non-partisan tax policy center, the united states is now on the threshold of one of the largest tax increases in history-- a tax hike that could average $3,500 for every american household. without action by congress, the report says, taxes will go up next year by 20%-- $536 billion overall and will hit americans at every income level, including those living below the poverty line. for a middle-income family making $40,000 a year, taxes will go up by $2,000. the increases are so large secause the nation's biggest tax cuts all expire three months from now on new year's day. cludeinclude the bush-era federal income tax cuts, the payroll tax cut that lowered social security and medicare taxes, and several remaining stimulus tax cuts all go away january 1 unless congress and the president reach a deal on the budget. e ny economists are concerned that a tax increase of that size could shock the ec
tax experts said today 90% of american families are facing llat they call unprecedented tax increases. how much? wyatt andrews is in washington tonight. intt? >> reporter: scott, according to the non-partisan tax policy center, the united states is now on the threshold of one of the largest tax increases in history-- a tax hike that could average $3,500 for every american household. without action by congress, the report says, taxes will go up next year by 20%-- $536 billion overall and...
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Oct 5, 2012
10/12
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CNBC
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and so, of course he's in favor of higher taxes. yesterday the vice president blurted out the truth. he said in fact they do want to raise taxes a trillion dollars. i don't want to raise tax on any americans because i want to create good jobs in america. now, i take america in a very different direction. first of all i want to make sure that our policies encourage job growth and i have five things i'll do, you've heard me describe them time and again. but five things i'll do that will get jobs growing in this country again and growing right here in this part of virginia as well because number one on my list is to take full advantage of all our energy resources, our oil, coal, gas, our nuclear, our renewables. and i know you care a lot more about coal than the other ones i mention sod let me remind you that when the president was running for office, he said that if you built a new coal fire plant why you go bankrupt. and the head of the epa has also said that the regulations on burning coal are now so stringent it's virtually impossi
and so, of course he's in favor of higher taxes. yesterday the vice president blurted out the truth. he said in fact they do want to raise taxes a trillion dollars. i don't want to raise tax on any americans because i want to create good jobs in america. now, i take america in a very different direction. first of all i want to make sure that our policies encourage job growth and i have five things i'll do, you've heard me describe them time and again. but five things i'll do that will get jobs...
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Oct 4, 2012
10/12
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CNBC
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because they already don't pay taxes. mitt romney is showing time and time again that he's going to be the president of the whole country and his plan really speaks to that both on economy, foreign policy and other points about so that there is no question this debate is important, but also you are right, there's a long time left. there's two jobs reports that are left. about 33, 34 days that are left in this campaign. it's a long time. but what you saw going into this debate are polls tightening in florida, in ohio, all across the board in the battleground states. and this will build on that momentum. and when the jobs report comes out, there will not be a positive jobs report by all expectations from president obama that will again build on that momentum and add to mitt romney really getting toward november 6th with full steam ahead. but there are two debates left. it's important for mitt romney not to have a let down in the next debate which is more of a town hall structure. and that bodes well for president obama. but
because they already don't pay taxes. mitt romney is showing time and time again that he's going to be the president of the whole country and his plan really speaks to that both on economy, foreign policy and other points about so that there is no question this debate is important, but also you are right, there's a long time left. there's two jobs reports that are left. about 33, 34 days that are left in this campaign. it's a long time. but what you saw going into this debate are polls...
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Oct 3, 2012
10/12
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tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400 millionaires were paid unemployment in 2009. add to that another 954,000 households earning more than $100,000 also taking home unemployment benefits. the numbers include people who were hired for higher-paying jobs after receiving the government money. in 2011, the senate voted unanimously to end unemployment payments to jobless millionaires. however, it was attached to another bill which is yet to pass in the senate. a bailout for spain is "not imminent." that's according to the country's prime minister, who told reporters yesterday that plans to request a bailout are not set in stone. stocks reacted negitively yesterday on the news. many investors have expected spain to request bailout money in order to push down its high borrowing costs. moodys will release a review of the country's sovereign debt this month. some are predicting spain's rating could be
tax rates. a shocking stat is out about millionaires getting paid unemployment. according to the congressional research service, nearly 2400 millionaires were paid unemployment in 2009. add to that another 954,000 households earning more than $100,000 also taking home unemployment benefits. the numbers include people who were hired for higher-paying jobs after receiving the government money. in 2011, the senate voted unanimously to end unemployment payments to jobless millionaires. however, it...
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infrastructural investment and it's turned it over to the financial sector which in effect imposes a tax on the rest of the economy because we have to pay an economic rent to these commercial banks in order to pay for our infrastructure i mean the system is just an absolute unmitigated disaster and i can't see how we can reform it want to centrally finance at this point literally owns it i mean they they control it absolutely whether it's the united states or whether it's the european union peter go ahead jump in go ahead yeah and it's not just europe i think you know we kind of ignore a lot in the u.s. but the fed now owns forty percent of all treasury bonds that are five years and longer the fed basically is the single largest investor in u.s. treasury bonds it controls the shape of the yield curve all these things that we used to take as kind of free markets the fed now controls and then they're ingenious they say oh look there's no inflation expectations based on the yield curve yet they're the ones who control the yield curve so i think it's not just europe where you've got the cent
infrastructural investment and it's turned it over to the financial sector which in effect imposes a tax on the rest of the economy because we have to pay an economic rent to these commercial banks in order to pay for our infrastructure i mean the system is just an absolute unmitigated disaster and i can't see how we can reform it want to centrally finance at this point literally owns it i mean they they control it absolutely whether it's the united states or whether it's the european union...
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tax rate, they're taxed at a lower rate. the businesses in the last 3% of businesses happen to employ half -- half of all people that work in small business. they employ one-quarter of all workers in america, and you want to take their tax rate from 35% to 40%. i talked to a guy with a very small business, he's in the electronics business in st. louis. he has four employees. he said he and his son calculated how much they pay in taxes, federal income tax, federal payroll tax, state sales tax, state property tax, gasoline tax, it added up to well over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses says that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so what i do, i bring down the tax rates, lower deductions and exemptions, the same idea by behind bowles-simpson, by the way, get the rates down, lower exemptions and create jobs. there's nothing better to get us to a balanced budget t
tax rate, they're taxed at a lower rate. the businesses in the last 3% of businesses happen to employ half -- half of all people that work in small business. they employ one-quarter of all workers in america, and you want to take their tax rate from 35% to 40%. i talked to a guy with a very small business, he's in the electronics business in st. louis. he has four employees. he said he and his son calculated how much they pay in taxes, federal income tax, federal payroll tax, state sales tax,...
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Oct 4, 2012
10/12
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FOXNEWSW
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my tax plan. number 2, i will not reduce the share of high-paid income individuals. i know it's a popular thing to say with a lot of people, but it is just not the case. vifive boys. i am used to people saying something that is not always true and keep repeating it and hoping i will believe it. but that is not the case. all right? i will not reduce the taxes paid by high-income americans. number 3, i will not under any circumstances raise taxes on middle-income families. i will lower taxes on middle-income families. you cite a study. six other studies look at the study you describe and say it's wrong. i saw a study that said today you are going to raise taxes $3- to $4,000 on middle-income families. throw the studies out there. the bottom line is, i want to bring the rates down, at the same time, lower deductions and exemptions and credits and so forth so we keep getting the revenue we need. you thinks, why lower the rates? and the reason is because small business pays that individualerate. 54% of
my tax plan. number 2, i will not reduce the share of high-paid income individuals. i know it's a popular thing to say with a lot of people, but it is just not the case. vifive boys. i am used to people saying something that is not always true and keep repeating it and hoping i will believe it. but that is not the case. all right? i will not reduce the taxes paid by high-income americans. number 3, i will not under any circumstances raise taxes on middle-income families. i will lower taxes on...
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financial networks that have all of this capital of aiding taxation we have to have a tobin tax and we'll find actual and currency transactions and we need to jack wages up in line with productivity that's something we haven't done for the past forty years labor has just not received its share of productivity consequently what we've had to do is we've had to rely on credit whether it be in the public sector or in the private sector to purchase all of the goods that we can produce it would be a travesty and i would even say it's the height of stupidity to just try incur tale demand at a time when we're not soaking up all of the productive capacity that we have already you know peter it's interesting to note already noted in this program is that the rich have just gotten richer but i don't see anything coming from them to give something back from a system that's made them so fabulously rich but no they just want to get richer and richer. you know but that's well to me what this country was based on and i think it's how else do you progress i think you know one of the things i look at
financial networks that have all of this capital of aiding taxation we have to have a tobin tax and we'll find actual and currency transactions and we need to jack wages up in line with productivity that's something we haven't done for the past forty years labor has just not received its share of productivity consequently what we've had to do is we've had to rely on credit whether it be in the public sector or in the private sector to purchase all of the goods that we can produce it would be a...
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Oct 3, 2012
10/12
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CNBC
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they are focused on new tax, on capital gains basically, wants the capital gain to be taxed at the same level as salaries and that's the problem for young entrepreneurs because when you create a small company, you don't pay yourself a huge salary, and the only way to make money out of it, to be rewarded for your hard work is to resale your company some years later, if it's successful, of course. and in that case, if you sell your internet company for perhaps ten million euros, you will have to pay up to 60% in taxes. that's their own calculations. that's to compare with 32% right now. that's the reason why they've created this movement on the internet. 23,000 fans on facebook, more than 5,000 followers on twitter. i'm not sure they're going to convince the government, but at least they managed to put the debate on the table. >> thank you very much. >>> elsewhere, ag bar has been ground an extension on their major talks. the u.s. takeover panel has given the two companies until the end of the month to decide on a potential 1.3 billion pound tie-up. meanwhile, another deadline also looms
they are focused on new tax, on capital gains basically, wants the capital gain to be taxed at the same level as salaries and that's the problem for young entrepreneurs because when you create a small company, you don't pay yourself a huge salary, and the only way to make money out of it, to be rewarded for your hard work is to resale your company some years later, if it's successful, of course. and in that case, if you sell your internet company for perhaps ten million euros, you will have to...
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Oct 9, 2012
10/12
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CNBC
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because it would be tax free. and then secondly do you back yourself as an employee to say i'm never going to -- i can always get a job somewhere else. >> would you take the shares or the protection? >> if i believed in the business i was working in and i thought that it was -- yeah, i'd take the shares. >> well, i do want to know what you would think about this. what would you take? >> i work for a very good corporate bank and i would definitely take the shares. the problem with the proposal is it sounds like it's most relevant for employees in really big corporates. >> yeah, how many people are that. >> and if you're looking at small companies or start ups, how relevant would that be. >> right. we'll take a short break. we'd love to know your thoughts. also still 20 come, how legitimate are security worries over the telecom womequipment maker. >>> congressional report has called on u.s. firms to stop doing business with zte and wow way. the report was centered on allegations that the two countries are under beij
because it would be tax free. and then secondly do you back yourself as an employee to say i'm never going to -- i can always get a job somewhere else. >> would you take the shares or the protection? >> if i believed in the business i was working in and i thought that it was -- yeah, i'd take the shares. >> well, i do want to know what you would think about this. what would you take? >> i work for a very good corporate bank and i would definitely take the shares. the...
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and of course he's in favor of higher taxes. device resident alerted out the truth, said they want to raise taxes a trillion dollars. i don't want to raise taxes on any american because i want to create good jobs in america. now i would take america a very different direction. first of all make sure our policies encourage job growth and i have five things i will do. you have heard me describe them time and again. five things i will do that will get jobs growing in this economy again right here in this part of virginia as well. number one is to take full advantage of all the energy resources, our oil, coal, gas, nuclear renewables. and i know you care a lot more than the imac about cold and the others. we president was running for office is that if you build a new coal-fired plant, you will go bankrupt. the head of the epa has also said the regulations on burning coal are now so stringent it is basically impossible to build a new coal fire plant. i don't believe putting our coal under the ground for ever. we should put american w
and of course he's in favor of higher taxes. device resident alerted out the truth, said they want to raise taxes a trillion dollars. i don't want to raise taxes on any american because i want to create good jobs in america. now i would take america a very different direction. first of all make sure our policies encourage job growth and i have five things i will do. you have heard me describe them time and again. five things i will do that will get jobs growing in this economy again right here...
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Oct 9, 2012
10/12
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CNBC
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. >> there fore, a willingness to for example, allow taxes to rise to do a deal? >> maybe -- yeah, exactly. maybe a little bit more willingness to do a deal, more awareness of the real world financial market implication of what they are talking about barack obama might be in a dealmaking, he is thinking about his legacy and kick off his second term. >> hope they do a deal eamon, thank you very much. >>> you might think silicon valley is thousands of miles away from the political action in d.c. but new technology and new companies are having a big impact on this year's political races. cnbc's julia bore citizen joins wuss a look at what they are doing and how they are trying to, julia to cash in. over to you. >> well, simon, some of facebook's biggest backers, sean parker, ben who are wits and peter thiel are betting that it can change politics the way facebook changes the people interact. who a horowitz and packer are on a board of a company that sell seles communication via e-mail . >> general purpose, prime-time software product and deliver at this to the market
. >> there fore, a willingness to for example, allow taxes to rise to do a deal? >> maybe -- yeah, exactly. maybe a little bit more willingness to do a deal, more awareness of the real world financial market implication of what they are talking about barack obama might be in a dealmaking, he is thinking about his legacy and kick off his second term. >> hope they do a deal eamon, thank you very much. >>> you might think silicon valley is thousands of miles away from...
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the hands of brussels president all along has unveiled thirty seven billion euros worth of cuts and tax hikes but people are most angry at the proposed fiscal parks which would see over spending nations penalized by the. maria explains now why the treaty is so unpopular. it was prepared earlier this march by e.u. leaders including the president of france nicolas sarkozy and and german chancellor angela merkel and and forces stricter fiscal discipline from the u. members and it requires them to slash the public deficit oh to be punished to be fined critics and people who've come here say these pact is all about control the brussels want to have over the european union members if they streety is ratified that means france will have to will be obliged to reduce its budget by thirteen billion euros and of course it will affect life in france dramatically go life of ordinary people i mean this budget document says it was already ready it's been reviewed recently and it says that it proposes to save thirty billion euros by cutting public spending and by increasing taxes and of course this is
the hands of brussels president all along has unveiled thirty seven billion euros worth of cuts and tax hikes but people are most angry at the proposed fiscal parks which would see over spending nations penalized by the. maria explains now why the treaty is so unpopular. it was prepared earlier this march by e.u. leaders including the president of france nicolas sarkozy and and german chancellor angela merkel and and forces stricter fiscal discipline from the u. members and it requires them to...
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Oct 3, 2012
10/12
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KQED
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ever had to predict our forecast, because there's never been this level of uncertainty in terms of tax andt spending policy really in our history. >> reporter: his organization, the national retail federation, is forecasting a 4.1% gain. but the international council of shopping centers is more cautious, predicting an increase of less than 3%. shoppertrak and deloitte fall in the middle. some of the differences can be blamed on conflicting economic signs. higher home prices and stock prices are boosting consumer confidence. >> people are always looking for something to give them a real sort of positive outlook, something to make them feel better. shopping is pretty much one thing to make most people feel better if they can. >> reporter: but job growth is weak, and food and gasoline prices are rising. with so much uncertainty, you can expect to see lots of holiday promotions. but tv ads will come later. >> in normal years, we'd already start to see some holiday advertising taking place now. but because of the political elections that are coming up and the campaigns, there's virtually no
ever had to predict our forecast, because there's never been this level of uncertainty in terms of tax andt spending policy really in our history. >> reporter: his organization, the national retail federation, is forecasting a 4.1% gain. but the international council of shopping centers is more cautious, predicting an increase of less than 3%. shoppertrak and deloitte fall in the middle. some of the differences can be blamed on conflicting economic signs. higher home prices and stock...
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scottish champions do have a few injury worries about rome however frankly very much on the scale of spot tax problem there have been some concerns about the artificial pitch of pollution in the stadium but celtic have been quick to play down its importance beside from glasgow will start as the underdogs but they'll be trying desperately to get my first point in the champions league away from celtic park since two thousand and four spot i will be desperate on tuesday to pick up their first points of missy's and champions league campaign where most of i do have injury problems we're facing a celtic side are always tough to beat of the scottish champions we boyd by picking up a credible draw in their first game of the competition against benfica last time out rich man poor fleet r.t. moscow. while the other teams in the group g. barcelona and benfica go head to head in lisbon on tuesday night the catalans are on top after that three two win over the muscovites but benfica shared the points with celtic in their opening game as you heard richard say despite their boss a manager tito vilanova says
scottish champions do have a few injury worries about rome however frankly very much on the scale of spot tax problem there have been some concerns about the artificial pitch of pollution in the stadium but celtic have been quick to play down its importance beside from glasgow will start as the underdogs but they'll be trying desperately to get my first point in the champions league away from celtic park since two thousand and four spot i will be desperate on tuesday to pick up their first...
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Oct 2, 2012
10/12
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should we have tax reform?
should we have tax reform?